
Asia-Pacific Specialty Gases Market Research Report Forecast to 2030
Description
Asia-Pacific Specialty Gases Market Research Report Forecast to 2030
The Asia-Pacific specialty gases market is projected to witness healthy growth during the forecast period, 2022–2030. The market was valued at USD 2,985.03 million in 2021 and is projected to register a CAGR of 9.16% to reach USD 6,202.40 million by the end of 2030. In terms of volume, the market was sized at 24,711.57 Mn Cubic Meters in 2021 and is likely to exhibit a CAGR of 8.42% to reach 48,531.56 Mn Cubic Meters by the end of 2030.
The growth of the market is driven by the increasing application of specialty gases in the electronic, healthcare, and automotive industries. Furthermore, investments in China for specialty gases are likely to create growth opportunities for the market players during the forecast period. However, stringent government regulations are a major factor projected to hamper the market growth during the forecast period.
Market Segmentation
According to MRFR analysis, the Asia-Pacific specialty gases market has been segmented based on type, end-use industries, and country. Based on type, the Asia-Pacific specialty gases market has been divided into Carbon Gases, Nitric Oxide, CF4, Halogen, and, Noble Gases, and Others. The Carbon Gases segment accounted for the largest share of 33.82% in 2021. The segment was valued at USD 1,009.54 million in 2021; it is expected to register a CAGR of 10.13% to reach USD 2,272.38 million by the end of 2030. The growth is mainly due to the increasing demand for specialty gases.
By End-Use Industry, the Asia-Pacific specialty gases market has been classified into Automotive, Electronics, Healthcare, Food & Beverages, Oil & Gas, and Others. The Electronics segment dominated the Asia-Pacific specialty gases market with a market share of 26.36% by value in 2021. The segment was valued at USD 786.79 million in 2021; it is expected to register a CAGR of 9.58% to reach USD 1,691.60 million by the end of 2030.
Based on Country, the Asia-Pacific specialty gases market has been classified into China, India, Japan, South Korea, Rest of Asia-Pacific. China’s market held the largest share of 45.92% in 2021 due to high the availability of raw materials, cheap labor, rapid industrialization and, commercialization in the country, especially with the growth of the electronic industry. The market was valued at USD 1,370.67 million in 2021 and is expected to exhibit a CAGR of 9.91% to reach USD 3,029.50 million by the end of 2030.
Major Players
Linde Plc (Ireland), Air Liquide (France), Showa Denko K.K (Japan), Air Products and Chemicals, Inc. (US), and Taiyo Nippon Sanso Corporation (Japan). Other key players contributing to the market growth include Messer SE & Co. KGaA (Germany) and Coregas (Australia).
Companies Mentioned
Linde Plc (Ireland)
Air Liquide (France)
Showa Denko K.K (Japan)
Air Products and Chemicals
Inc. (US)
and Taiyo Nippon Sanso Corporation (Japan). Other key players contributing to the market growth include Messer SE & Co. KGaA (Germany) and Coregas (Australia)
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Table of Contents
96 Pages
- 1 Executive Summary 13
- 1.1 Market Attractiveness Analysis 15
- 1.1.1 Market Attractiveness Analysis: Asia-pacific Specialty Gases Market 15
- 1.1.2 Asia-pacific Specialty Gases Market, By Type 16
- 1.1.3 Asia-pacific Specialty Gases Market, By End-use Industry 17
- 1.1.4 Asia-pacific Specialty Gases Market, By Country 18
- 2 Market Introduction 19
- 2.1 Definition 19
- 2.2 Scope Of The Study 19
- 2.3 Market Structure 20
- 3 Research Methodology 21
- 3.1 Research Process 21
- 3.2 Primary Research 22
- 3.3 Secondary Research 22
- 3.4 Market Size Estimation 23
- 3.5 Forecast Model 25
- 3.6 List Of Assumptions 26
- 4 Market Dynamics 27
- 4.1 Introduction 27
- 4.2 Drivers 28
- 4.2.1 Rising Demand In The Electrical And Electronics Industry To Fuel Growth 28
- 4.2.2 High Demand For Specialty Gases And Increased Spending In The Medical Industry 29
- 4.3 Restraints 31
- 4.3.1 Stringent Government Regulations 31
- 4.3.2 Restraints Impact Analysis 32
- 4.4 Opportunities 32
- 4.4.1 Growing Investments In China’s Specialty Gases Market 32
- 4.5 Challenges 34
- 4.5.1 Supply Shortages 34
- 4.5.2 High Cost And Complex Production Process 34
- 5 Market Factor Analysis 35
- 5.1 Supply Chain Analysis 35
- 5.1.1 Source 35
- 5.1.2 Specialty Gases Manufacturers 36
- 5.1.3 Distribution Channels 36
- 5.1.3.1 List Of Distributors (Contact Info, Location, Application) 37
- 5.1.4 End-users 37
- 5.2 Porter’s Five Forces Model 38
- 5.2.1 Threat Of New Entrants 38
- 5.2.2 Bargaining Power Of Suppliers 39
- 5.2.3 Threat Of Substitutes 39
- 5.2.4 Bargaining Power Of Buyers 39
- 5.2.5 Intensity Of Rivalry 39
- 5.3 Impact Of Covid-19 On The Asia Pacific Specialty Gases Market 39
- 5.3.1 Impact Of Covid-19 On The Supply Chain Of The Specialty Gases Market 39
- 5.3.2 Impact Of Covid-19 On Demand From End-users 40
- 6 Asia-pacific Specialty Gases Market, By Type 41
- 6.1 Overview 41
- 7 Asia-pacific Specialty Gases Market, By End-use Industry 44
- 7.1 Overview 44
- 8 Asia-pacific Specialty Gases Market, By Country 47
- 8.1 Overview 47
- 8.2 China 50
- 8.3 India 52
- 8.4 Japan 54
- 8.5 South Korea 56
- 8.6 Rest Of Asia-pacific 58
- 9 Competitive Landscape 60
- 9.1 Overview 60
- 9.2 Competitive Benchmarking 61
- 9.3 Major Growth Strategy In The Asia-pacific Specialty Gases Market 62
- 9.4 The Leading Player In Terms Of The Number Of Developments In The Asia-pacific Specialty Gases Market Error! Bookmark Not Defined.
- 9.5 Key Development Analysis 63
- 9.6 Key Developments & Growth Strategies 63
- 9.6.1 Partnerships & Agreements 63
- 9.6.2 Expansions/Investments 63
- 9.7 Financial Matrix 64
- 9.7.1 Sales (Usd Million), 2021 64
- 10 Company Profiles 65
- 10.1 Linde Plc 65
- 10.1.1 Company Overview 65
- 10.1.2 Financial Overview 66
- 10.1.3 Products/Services Offered 67
- 10.1.4 Key Developments 67
- 10.1.5 Swot Analysis 68
- 10.1.6 Key Strategies 68
- 10.2 Messer Se & Co. Kgaa 69
- 10.2.1 Company Overview 69
- 10.2.2 Financial Overview 70
- 10.2.3 Products Offered 71
- 10.2.4 Key Developments 71
- 10.2.5 Swot Analysis 71
- 10.2.6 Key Strategies 72
- 10.3 Air Products And Chemicals, Inc. 72
- 10.3.1 Company Overview 72
- 10.3.2 Financial Overview 73
- 10.3.3 Products Offered 74
- 10.3.4 Key Developments 74
- 10.3.5 Swot Analysis 75
- 10.3.6 Key Strategies 75
- 10.4 Bhuruka Gases Limited 76
- 10.4.1 Company Overview 76
- 10.4.2 Financial Overview 76
- 10.4.3 Products Offered 76
- 10.4.4 Key Developments 76
- 10.4.5 Swot Analysis 77
- 10.4.6 Key Strategies 77
- 10.5 Thai Special Gas Company Limited 78
- 10.5.1 Company Overview 78
- 10.5.2 Financial Overview 78
- 10.5.3 Products Offered 78
- 10.5.4 Key Developments 78
- 10.5.5 Swot Analysis 79
- 10.5.6 Key Strategies 79
- 10.6 Taiyo Nippon Sanso Corporation 80
- 10.6.1 Company Overview 80
- 10.6.2 Financial Overview 80
- 10.6.3 Products Offered 81
- 10.6.4 Key Developments 81
- 10.6.5 Swot Analysis 81
- 10.6.6 Key Strategies 82
- 10.7 Showa Denko K.K. 82
- 10.7.1 Company Overview 82
- 10.7.2 Financial Overview 83
- 10.7.3 Products Offered 84
- 10.7.4 Key Developments 84
- 10.7.5 Swot Analysis 85
- 10.7.6 Key Strategies 85
- 10.8 Air Liquide 86
- 10.8.1 Company Overviews 86
- 10.8.2 Financial Overview 87
- 10.8.3 Products Offered 88
- 10.8.4 Key Developments 88
- 10.8.5 Swot Analysis 89
- 10.8.6 Key Strategies 89
- 10.9 Yueyang Kaimeite Electronic And Specialty Rare Gases Co., Ltd 90
- 10.9.1 Company Overview 90
- 10.9.2 Financial Overview 90
- 10.9.3 Products Offered 90
- 10.9.4 Key Developments 91
- 10.9.5 Swot Analysis 91
- 10.9.6 Key Strategies 91
- 10.10 Coregas 92
- 10.10.1 Company Overview 92
- 10.10.2 Financial Overview 92
- 10.10.3 Products Offered 92
- 10.10.4 Key Developments 93
- 10.10.5 Swot Analysis 93
- 10.10.6 Key Strategies 93
- 11 Appendix 94
- 11.1 References 94
- 11.2 Related Reports 95
- List Of Tables
- Table 1 List Of Assumptions 26
- Table 2 List Of Distributors 37
- Table 3 Specialty Gases Market Estimates & Forecast, By Type, 2019–2030 (Usd Million) 42
- Table 4 Specialty Gases Market Estimates & Forecast, By Type, 2019–2030 (Mn Cubic Meters) 43
- Table 5 Specialty Gases Market Estimates & Forecast, By End-use Industry, 2019–2030 (Usd Million) 45
- Table 6 Specialty Gases Market Estimates & Forecast, By End-use Industry, 2019–2030 (Mn Cubic Meters) 46
- Table 7 Asia-pacific Specialty Gases Market, By Country, 2019–2030 (Usd Million) 48
- Table 8 Asia-pacific Specialty Gases Market, By Country, 2019–2030 (Mn Cubic Meters) 49
- Table 9 China: Specialty Gases Market, By Type, 2019–2030 (Usd Million) 50
- Table 10 China: Specialty Gases Market, By Type, 2019–2030 (Mn Cubic Meters) 50
- Table 11 China: Specialty Gases Market, By End-use Industry, 2019–2030 (Usd Million) 51
- Table 12 China: Specialty Gases Market, By End-use Industry, 2019–2030 (Mn Cubic Meters) 51
- Table 13 India: Specialty Gases Market, By Type, 2019–2030 (Usd Million) 52
- Table 14 India: Specialty Gases Market, By Type, 2019–2030 (Mn Cubic Meters) 52
- Table 15 India: Specialty Gases Market, By End-use Industry, 2019–2030 (Usd Million) 53
- Table 16 India: Specialty Gases Market, By End-use Industry, 2019–2030 (Mn Cubic Meters) 53
- Table 17 Japan: Specialty Gases Market, By Type, 2019–2030 (Usd Million) 54
- Table 18 Japan: Specialty Gases Market, By Type, 2019–2030 (Mn Cubic Meters) 54
- Table 19 Japan: Specialty Gases Market, By End-use Industry, 2019–2030 (Usd Million) 55
- Table 20 Japan: Specialty Gases Market, By End-use Industry, 2019–2030 (Mn Cubic Meters) 55
- Table 21 South Korea: Specialty Gases Market, By Type, 2019–2030 (Usd Million) 56
- Table 22 South Korea: Specialty Gases Market, By Type, 2019–2030 (Mn Cubic Meters) 56
- Table 23 South Korea: Specialty Gases Market, By End-use Industry, 2019–2030 (Usd Million) 57
- Table 24 South Korea: Specialty Gases Market, By End-use Industry, 2019–2030 (Mn Cubic Meters) 57
- Table 25 Rest Of Asia-pacific: Specialty Gases Market, By Type, 2019–2030 (Usd Million) 58
- Table 26 Rest Of Asia-pacific: Specialty Gases Market, By Type, 2019–2030 (Mn Cubic Meters) 58
- Table 27 Rest Of Asia-pacific: Specialty Gases Market, By End-use Industry, 2019–2030 (Usd Million) 59
- Table 28 Rest Of Asia-pacific: Specialty Gases Market, By End-use Industry, 2019–2030 (Mn Cubic Meters) 59
- Table 29 Major Players In The Asia-pacific Specialty Gases Market 60
- Table 30 Most Active Player In The Asia-pacific Specialty Gases Market Error! Bookmark Not Defined.
- Table 31 Partnerships & Agreements 63
- Table 32 Expansions/Investments 63
- Table 33 Linde Plc: Products Offered 67
- Table 34 Linde Plc: Key Developments 67
- Table 35 Messer Se & Co. Kgaa: Products Offered 71
- Table 36 Air Products And Chemicals, Inc.: Products Offered 74
- Table 37 Bhuruka Gases Limited: Products Offered 76
- Table 38 Thai Special Gas Company Limited: Products Offered 78
- Table 39 Taiyo Nippon Sanso Corporation: Products Offered 81
- Table 40 Showa Denko K.K.: Products Offered 84
- Table 41 Showa Denko K.K.: Key Developments 84
- Table 42 Air Liquide: Products Offered 88
- Table 43 Zhongshan Sinobioway Hygene Biomedicine Co., Ltd.: Products Offered 90
- Table 44 Coregas: Products Offered 92
- List Of Figures
- Figure 1 Market Synopsis 14
- Figure 2 Market Attractiveness Analysis: Asia-pacific Specialty Gases Market, 2021 15
- Figure 3 Asia-pacific Specialty Gases Market Analysis, By Type 16
- Figure 4 Asia-pacific Specialty Gases Market Analysis, By End-use Industry 17
- Figure 5 Asia-pacific Specialty Gases Market Analysis, By Country 18
- Figure 6 Asia-pacific Specialty Gases Market: Structure 20
- Figure 7 Research Process 21
- Figure 8 Top-down & Bottom-up Approaches 24
- Figure 9 Market Dynamics Of The Asia-pacific Specialty Gases Market 27
- Figure 10 Asia-pacific Consumer Electronics Market Value (Usd Billion), 2016-2027 29
- Figure 11 Total Health Expenditure As Share In The Asia-pacific, By Country, 2019 30
- Figure 12 Drivers Impact Analysis 31
- Figure 13 Restraints Impact Analysis: Asia-pacific Specialty Gases Market 32
- Figure 14 China Electronic Specialty Gases Market (2019-2025) 33
- Figure 15 Supply Chain: Asia-pacific Specialty Gases Market 35
- Figure 16 Porter's Five Forces Analysis Of The Asia-pacific Specialty Gases Market 38
- Figure 17 Asia-pacific Specialty Gases Market, By Type, 2019 To 2030 (Usd Million) 41
- Figure 18 Asia-pacific Specialty Gases Market, By Type, 2019 To 2030 (Mn Cubic Meters) 42
- Figure 19 Asia-pacific Specialty Gases Market, By End-use Industry, 2019 To 2030 (Usd Million) 44
- Figure 20 Asia-pacific Specialty Gases Market, By End-use Industry, 2019 To 2030 (Mn Cubic Meters) 45
- Figure 21 Asia-pacific Specialty Gases Market, By Country, 2019–2030 (Usd Million) 47
- Figure 22 Asia-pacific Specialty Gases Market, By Country, 2019–2030 (Mn Cubic Meters) 48
- Figure 23 Benchmarking Of Major Competitors 61
- Figure 24 Major Strategy Adopted By Key Players In The Asia-pacific Specialty Gases Market 62
- Figure 25 Asia-pacific Specialty Gases Market: Competitive Landscape 63
- Figure 26 Sales, 2021 64
- Figure 27 Linde Plc: Financial Overview Snapshot 66
- Figure 28 Linde Plc: Swot Analysis 68
- Figure 29 Messer Se & Co. Kgaa: Financial Overview Snapshot 70
- Figure 30 Messer Se & Co. Kgaa: Swot Analysis 71
- Figure 31 Air Products And Chemicals, Inc.: Financial Overview Snapshot 73
- Figure 32 Air Products And Chemicals, Inc.: Swot Analysis 75
- Figure 33 Bhuruka Gases Limited: Swot Analysis 77
- Figure 34 Thai Special Gas Company Limited: Swot Analysis 79
- Figure 35 Taiyo Nippon Sanso Corporation: Financial Overview Snapshot 80
- Figure 36 Taiyo Nippon Sanso Corporation: Swot Analysis 81
- Figure 37 Showa Denko K.K.: Financial Overview Snapshot 83
- Figure 38 Showa Denko K.K.: Swot Analysis 85
- Figure 39 Air Liquide: Financial Overview Snapshot 87
- Figure 40 Air Liquide: Swot Analysis 89
- Figure 41 Yueyang Kaimeite Electronic Specialty Rare Gases Co., Ltd.: Swot Analysis 91
- Figure 42 Coregas: Swot Analysis 93
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